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Active
$599,000
/mo Edit
Commercial:  Other
Built 1900
0.17 acres
St. Paul schools
MLS# 6475763
My rating:
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    Property Description

    Motivated Seller, Bring Offers! Stand-Alone Building zoned T-2 with a wide variety of uses possible - Office, Retail, Live/Work, Residential/Multifamily and more! Currently setup as office, located just off University Ave in convenient St. Paul location. Excellent parking for the building with 2 parking lots totaling 22 parking stalls. The parking lot across the street at 499 Grotto is also included in this sale - 500 Grotto (building & parking) + 499 Grotto (additional parking). Perfect for the Owner/User or Investor (currently vacant). Both levels consist of several large offices, kitchen (on 1st floor), conference rooms, restrooms (3 total), and ample storage throughout. 500 Grotto is Zoned T2, 499 Grotto is zoned R4. Separate furnaces on each level. The building offers flexibility with the ability to rent out one of the levels and occupy the other yourself. Or rent out each floor separately if a user doesnâ??t need the entire building.

    Listing

    Contingency: None
    City: Saint Paul
    County: Ramsey
    State: MN
    Property Style: Other
    Zip Code: 55104
    Neighborhood/Area: Thomas-Dale (Frogtown)
    Subdivision Name: Syndicate 1 Add

    Interior

    Appliances Included: Refrigerator
    Basement Details:
    • Full
    • Unfinished

    Exterior

    Garage Spaces: 0
    Other Parking Spaces: 0
    Foundation Size: 3,022 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Open
    • Paved
    Exterior Material: Brick/Stone

    Lot & Land

    Acres: 0.17
    Geolocation: 44.956398, -93.131156
    Inclusions: Building, Land
    Lot Dimensions: 76 x 100
    Addl Parcels: 352923130204
    Zoning:
    • Business/Commercial
    • Residential-Single Family
    Lot Description: Corner Lot

    Schools

    School District: 625
    District Phone: 651-767-8100

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $11,804
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $11,804

    Units

    Total Units: 1

    Miscellaneous

    Current Use:
    • Commercial
    • Office
    • Professional Service
    • Professional/Office
    • Retail
    • Vacant
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Heating Common
    • Hot Water Common
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of RE/MAX Results.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.